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Nov 2, 2012
11/12
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let's start with verizon. i'll show you it's actually been in a steady up trends for the last six months. the stock has made higher highs and higher lows. $44 is the important level. the stock is down 1% today. it hasn't breached 44. i would still hold it here. if you look at at&t, a similar up trend existed in the last six months. in october, on the most recent selloff, you can see it broke that up trend decisively. it actually hasn't bounced that much on the recent market rally. the sellers are heavy. >> that's a negative. you want to sell at&t here? >> i would be a seller. >> because it kept going down. you think it will continue? >> yeah, that weakness is a sign of pure buyers, more sellers. >> that's something you look at all the time. final comment here. you saw what the charts say david. any reason to believe the fundamental story wins out? >> like the dividend yields on both, maria. remember, these are two the highest yielding stocks on the dow jones industrial average. it's a slow growth economic envi
let's start with verizon. i'll show you it's actually been in a steady up trends for the last six months. the stock has made higher highs and higher lows. $44 is the important level. the stock is down 1% today. it hasn't breached 44. i would still hold it here. if you look at at&t, a similar up trend existed in the last six months. in october, on the most recent selloff, you can see it broke that up trend decisively. it actually hasn't bounced that much on the recent market rally. the...
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Nov 2, 2012
11/12
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. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay. but the sandy impact could be significant for the fourth quarter. peter, thank you. >> i'm glad you didn't have a dropped call during that from verizon. >>> let's get back to our guest host, mark, you get the last word. you said something during the break, the idea you think the next couple of months -- >> the next 3- months. i'm really nervous. we have big fiscal issues we are not going to nail down without some brinksmanship. we're on the same page. >> all the
. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay....
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Nov 1, 2012
11/12
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my blackberry, we saw verizon work fine in lower manhattan. not as good for my iphone, which uses up more bandwidth. one of the biggest issues post sandy is finding gasoline. lines in new york and new jersey are sometimes more than 100 cars deep. mary thompson is live at one of those. >> we're here in ridgefield, new jersey. if you were entering this rest stop, anyone who drives along the turnpike know this is one. if you enter from the north, you'll wait in line maybe 25 minutes. from the south, your wait could be longer. clearance thomas told us he waited for two hours. >> it's been horrible. lines long everywhere. ran out of gas once. survived it. got back on the road. then got up early this morning, like 7:00, get over there to get gas. >> the lines began forming in new jersey and on long island yesterday. a lot of gas stations in these areas aren't open because they don't have electricity and some have run out of gasoline though some are still selling diesel fuel. the supply chain disrupted, too, making a bad situation worse. a number of
my blackberry, we saw verizon work fine in lower manhattan. not as good for my iphone, which uses up more bandwidth. one of the biggest issues post sandy is finding gasoline. lines in new york and new jersey are sometimes more than 100 cars deep. mary thompson is live at one of those. >> we're here in ridgefield, new jersey. if you were entering this rest stop, anyone who drives along the turnpike know this is one. if you enter from the north, you'll wait in line maybe 25 minutes. from...
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Oct 30, 2012
10/12
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but verizon was working. so you could get high speed internet. >> that defeats the purpose, you go to the hotel and it has no power. what floor were you on? >> 14th floor. but the operators did operate. i did walk up and down a couple times, but -- they had backup power. >> don't trust the backup power. >> and we had a fire alarm at 1:00 a.m., 12:30. so a long evening. >> hearing the trees all around and you don't know when one is -- last time one hit my house. >> i know. >> you worry about all the people that are out there. >> you worry about where you park your car. first i had them huddled in front toying and i'm like why am i putting them right next to each other? so then i spread them out. >> anyway, it is a situation we are still waiting to see how much damage is out there waiting for first light this morning to get a better assessment of things. when we come back -- >> did you hear what the hair tweeted? joe kernen's hair? joe kernen's hair one, sandy zero. should i retweet that? i might retweet that.
but verizon was working. so you could get high speed internet. >> that defeats the purpose, you go to the hotel and it has no power. what floor were you on? >> 14th floor. but the operators did operate. i did walk up and down a couple times, but -- they had backup power. >> don't trust the backup power. >> and we had a fire alarm at 1:00 a.m., 12:30. so a long evening. >> hearing the trees all around and you don't know when one is -- last time one hit my house....
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Oct 30, 2012
10/12
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this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful signs, that the brujs and tunnels will be open. again, they do not need the subways open. they have lists. they have about 200 people at the new york stock exchange for the floor to open, lists of how to carpool people in. any damage in to the facilities outside of the area that might be important, the building itself i am told is fine, but there may be some other outside buildings that may be important that they have to check out, and finally, in the event that there's an issue testing the backup plan. >> all right. with all that in mind we take to you new york city mayor mike bloomberg. >> hurric
this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful...